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THE LATEST PLACEMAKING NEWS

Sonae Sierra expands its service portfolio in Morocco with Aeria Mall

December 16, 2021

Sonae Sierra has signed a property management and leasing contract for Aeria Mall, a new shopping center in Casablanca. The new management contract follows work done by Reify., which provided lay-out, concept design and technical services for the center.

Futureal buys Galeria Bemowo shopping center in Warsaw

December 16, 2021

Futureal Investment Partners has acquired the Galeria Bemowo shopping centrr in Warsaw. The acquisition is the company’s third, following the Manhattan Shopping Center in Gdansk and Wratislavia Tower in Wroclaw.

Axis Retail Partners and Generali buy St Georges Shopping Center

December 15, 2021

Axis Retail Partners, in partnership with Generali, have exchanged contracts to buy St Georges Shopping Centre off market at a NIY of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.

TwentyTwo buys Chasse Sud retail park in France

December 15, 2021

Eurocommercial Properties NV (Eurocommercial) has sold Chasse Sud, its hypermarket anchored retail park at Chasse-sur-Rhône in France to TwentyTwo Real Estate, a European real estate investment and management firm.

GRR Group initiates extensive ESG focus

December 14, 2021

“Local food retailers are particularly stable in value as an investment if they are sustainable. The demand for ESG-compliant properties, which promise higher profitability in the long term, is steadily increasing”

MVRDV completes Bulgari flagship store in Shanghai with recycled façade

December 13, 2021

The Shanghai Plaza 66 shopping mall is now the home of a new Bulgari flagship store at Nanjing Road. The new store features a green, jade-like façade designed by MVRDV, made from brass and recycled champagne, beer, and other glass bottles.

Union Investment acquires food-anchored shopping center in Florida

December 13, 2021

Union Investment has acquired the Fountains of Boynton shopping center in Florida. The complex, which consists of five buildings, is located in Boynton Beach, a centrally located suburban community in northern Palm Beach County, about 30 kilometers south of West Palm Beach International Airport.

People on the move

December 13, 2021

Recruitments, promotions and appointments…

Together we are strong@Flying Solo NYC

December 13, 2021

In the city that is returning to vibrant life and where anything is possible, you’ll also find one of my absolute favorite stores, right on West Broadway, in the middle of SoHo: Flying Solo. Elizabeth Solomeina, a Russian-born jewelry designer and sculptor, teamed up with about 30 other creatives in 2016 to start this marketplace for unique fashion pieces.

Sinsay gets flagship expansion at Westgate

December 10, 2021

The fashion brand Sinsay, which is part of LPP Group from Poland, has launched its new store at Westgate Shopping City. They have been a loyal tenant at the center for years and now relocated to an expanded shop with a new concept that includes both fashion, and home accessories.

Scallier’s retail park in Turda cleared for construction

December 10, 2021

Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country.

Inditex: Óscar García Maceiras is the new CEO, Marta Ortega appointed as Chairwoman

December 9, 2021

Spanish fashion group Inditex (Zara, Massimo Dutti, Bershka and others) is replacing its CEO after just two and a half years. At the same time, Marta Ortega, daughter of company founder Amancio Ortega, becomes head of the Board of Directors.

London Designer Outlet appoints Daniel Tomkinson as New General Manager

December 9, 2021

London Designer Outlet (LDO) in Wembley Park has welcomed the appointment of Daniel Tomkinson, the former Chief Executive of the Covent Garden Market Authority (CGMA), as its new General Manager.

Food retailing in historic upheaval in Germany

December 9, 2021

Over the past ten years, the food retail sector has recorded sales growth of well over 35 percent, and last year’s figures for 2020 confirm the steady growth with annual sales of around €190 billion.

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December 9, 2021

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Focus Estate Fund has closed the deal on the sale of its Czech portfolio

December 9, 2021

Focus Estate Fund has finalized the deal on the sale of two of its retail properties in Czech Republic to DRFG investment group: Centro Ostrava Retail Park (GLA 7, 699 sq m) in Ostrava and Most Retail Park (GLA 6, 471 sq m) in Most. The Fund acquired these assets in 2016 and 2017, respectively.

Titanium acquires Ozols shopping center in Riga

December 7, 2021

The asset was exited by KS Holding to Titanium Baltic Real Estate. The former shopping center Galerija Azur was acquired by the seller in 2016 and redeveloped over three years, then opened under the new name Ozols.

Coniq develops new loyalty programs for Reem Mall in Abu Dhabi

December 7, 2021

Coniq announced their partnership with Reem Mall (Abu Dhabi) to develop innovative engagement and loyalty programs for unique customer journeys backed by the latest data science, especially for the GCC market.

FCR buys 26, 000 sq m shopping center in Eisenach

December 7, 2021

FCR Immobilien AG has acquired a shopping center in Eisenach, Thuringia, with a sales area of approximately 26,000 sq m as part of the continuous expansion of its portfolio.

Debenhams.com opens first UK store in Manchester Arndale

December 7, 2021

Manchester Arndale announced that fashion retailer Boohoo has opened its first Debenhams.com beauty store at the center.

Trafford Center launches Tinsel Town outdoor experience for festive period

December 7, 2021

Manchester’s Trafford Centre created a festive outdoor experience with Tinsel Town, following the recent Summer Social and Spookfest events.

400th Primark store opens in Italy

December 6, 2021

Primark opened its 400th international store in Sicily (Italy) today, which now totals eight fashion outlets in their Italian portfolio.

Altera appoints Thijs Guinee as Performance and Valuation Analyst

December 6, 2021

Altera Vastgoed announces the arrival of Thijs Guinee.

Shopping 4.0 at new “Innovation Space” in Hamburg

December 6, 2021

How will we shop in the future? Online or in a store? Both? _blaenk (German retail start up) wants to find out the answers to this question live at Jungfernstieg in Hamburg–in collaboration with Vodafone.

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